Startup ArzonApteka has raised $6 million

The creator of the ArzonApteka service, FOM Group, a provider of IT solutions for the pharmaceutical market, has completed a new investment round.

The round amounted to $6 million. Part of the funding was provided by IT entrepreneur and founder of the payment service Payme, Sarvar Ruzmatov. Also participating in the round was a "group of European entrepreneurs" who have founded companies valued at over $2 billion.

The raised funds are planned to be directed toward the development of FOM Group, improving the performance of ArzonApteka and other services within its ecosystem. The company intends to expand its presence in the regions of Uzbekistan.

FOM Group conducted its first investment round in 2021 with the participation of the British venture fund Sturgeon Capital. At present, the total amount of attracted investments exceeds $7 million.

The company, founded in 2017, employs more than 130 people. The ArzonApteka service is currently used by more than 2.7 million people.

Alongside ArzonApteka, the lineup includes the F-Apteka ERP system for pharmacies, the F-Summary pharmaceutical marketplace, and the DATFO analytical and marketing platform for drug manufacturers and distributors.

Source: spot.uz